Interactive Strength Completes 1-for-7 Reverse Stock Split
Interactive Strength Inc. completed a 1-for-7 reverse stock split of its common stock, effective June 29, 2026. This action reduced the number of outstanding shares from approximately 3.6 million to about 0.5 million. The company's common stock began trading on a post-split basis on The Nasdaq Capital Market on June 30, 2026, under its existing symbol "TRNR." The reverse stock split was primarily undertaken to regain compliance with Nasdaq's minimum bid price requirement.
Key Highlights
- Completed a 1-for-7 reverse stock split of common stock.
- Effective June 29, 2026, with post-split trading starting June 30, 2026.
- Outstanding shares decreased from 3,601,274 to approximately 514,400.
- Aims to regain compliance with Nasdaq's minimum bid price requirement.
- New CUSIP number for common stock is 45840Y609.
- Cash will be paid to stockholders in lieu of fractional shares.
Price Impact
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